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This quality house is situated in the town of Pegalajar nestled in the mountains of Sierra Magina and is just waiting to be snapped up and moved in to
Pegalajar, Jaen, Spain
REF: 396925
€105,000
Description
This quality house is situated in the town of Pegalajar nestled in the mountains of Sierra Magina and is just waiting to be snapped up and moved in to. The house is beautifully renovated, only the attic needs some finishing off. You arrive at the house via a street that can accommodate a car but not for parking. Parking is just a short walk away. Enter through the wood and glass front door and you are standing in the spacious lounge diner with its open fireplace. Off to the right is the large kitchen for your culinary creativity including a fireplace for cooking on. At the other end of the lounge is a door opening to stairs down to a good sized patio with a store room and more stairs leading up to a terrace. Under the steps there is small storage area for logs. From the lounge more stairs lead up to the first floor but before that there is a bathroom off to the left with a small cave that could be used as a wine cellar. The owner informs us that it maintains a year-round temperature of about 18 degrees. On the first floor there are 3 bedrooms and a bathroom at the end of the corridor with jacuzzi bath. From the corridor there are more stairs up to the an attic room that is used for storage and from there access to another roof terrace. This is a lovely town house just ready to go with heating in all rooms including the hall.
This quality house is situated in the town of Pegalajar nestled in the mountains of Sierra Magina and is just waiting to be snapped up and moved in to. The house is beautifully renovated, only the attic needs some finishing off. You arrive at the house via a street that can accommodate a car but not for parking. Parking is just a short walk away. Enter through the wood and glass front door and you are standing in the spacious lounge diner with its open fireplace. Off to the right is the large kitchen for your culinary creativity including a fireplace for cooking on. At the other end of the lounge is a door opening to stairs down to a good sized patio with a store room and more stairs leading up to a terrace. Under the steps there is small storage area for logs. From the lounge more stairs lead up to the first floor but before that there is a bathroom off to the left with a small cave that could be used as a wine cellar. The owner informs us that it maintains a year-round temperature of about 18 degrees. On the first floor there are 3 bedrooms and a bathroom at the end of the corridor with jacuzzi bath. From the corridor there are more stairs up to the an attic room that is used for storage and from there access to another roof terrace. This is a lovely town house just ready to go with heating in all rooms including the hall.
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Currency Exchange
Pegalajar, Jaen, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €105,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
Pegalajar, Jaen, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €105,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £3,270 more.
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